$47,500
480 Tapscott Road, Toronto E11, ON M1B 1W3
Property Description
Property type
Industrial
Lot size
N/A
Style
Approx. Area
19000 Sqft
About 480 Tapscott Road
Your Next Turnkey Business Venture Awaits: Established Volleyball Facility Sublease in Vibrant Toronto(SCARBOROUGH)!Unlock the potential of this well-established and highly respected volleyball business, strategically located in the heart of Toronto((SCARBOROUGH).This turnkey opportunity offers approximately 19,000 sq ft of adaptable recreation space, featuring an impressive 22-foot clear height, ideal for a multitude of recreational or sporting endeavors. Currently configured with four professional volleyball courts, this thriving business benefits from a dedicated client base and consistent year-over-year growth. The comprehensive sublease package includes: 4 volleyball courts, 3 private offices, a dedicated meeting room, a dance studio, 3 convenient washrooms, and a welcoming reception area with its own entrance. Additional common washrooms are also available for client convenience. The existing lease extends to August 31, 2028, with a valuable 5-year extension option. Prospective tenants will negotiate new terms directly with the landlord. Landlord approval is required for all subleases. Leasehold improvements and asset purchase can be discussed separately. Highlights: Spacious & Versatile: ~19,000 sq ft with 22' clear height. Built-in Clientele: Well-established volleyball business. Growth Potential: Demonstrates consistent year-over-year growth. Comprehensive Setup: Includes courts, offices, meeting room, dance studio, and multiple washrooms. Flexible Lease: Current term until Aug 31, 2028, with a 5-year extension option. Deposit: First, Last + Two Months Security. Utilities: Tenant pays 2/3 Hydro & Gas. Rent Escalation: 4% annual increase.
Home Overview
Last updated
5 days ago
Virtual tour
None
Basement information
Building size
19000
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
--
Additional Details
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
Some information about this property - Tapscott Road

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